The firm did not reveal further financial details of the sale to strategic buyer The Timken Company.
Since the firm’s buy-in management buyout of Interlube the company has expanded to the US and had sales of £8.5m in 2012.
NVM managing director Martin Green said, “Interlube has performed well in some challenging markets over the life of NVM’s investment, so this is a very positive story for the British manufacturing industry.
“[Interlube MD] Mike Cusack and his team have a wealth of experience in this sector and have established strong customer relationships and loyalty.
“I am pleased that the sale to Timken will allow Interlube to continue to flourish as part of a larger organisation and expand into new markets.”
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